BERZ vs. HACK ETF Comparison

Comparison of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) to ETFMG Prime Cyber Security ETF (HACK)

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$17.39

Average Daily Volume

111,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HACK

ETFMG Prime Cyber Security ETF

HACK Description

The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Cyber Defense Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the exchange-listed equity securities of companies across the globe that (i) engage in providing cybersecurity applications or services as a vital component of its overall business or (ii) provide hardware or software for cybersecurity activities as a vital component of its overall business.

Grade (RS Rating)

Last Trade

$69.28

Average Daily Volume

62,730

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BERZ	HACK
30 Days	2.17%	1.02%
60 Days	-22.16%	6.83%
90 Days	-37.58%	15.04%
12 Months	-71.86%	32.29%

2 Overlapping Holdings

	Symbol	Grade	Weight in BERZ	Weight in HACK	Overlap
	AVGO	C	6.67%	10.21%	6.67%
	PANW	B	6.67%	6.02%	6.02%

BERZ Overweight 13 Positions Relative to HACK

Symbol	Grade	Weight
TSLA	B	6.67%
CRM	A	6.67%
NVDA	B	6.67%
NFLX	A	6.67%
MU	C	6.67%
INTC	C	6.67%
GOOGL	A	6.67%
AMZN	A	6.67%
AMD	F	6.67%
ADBE	F	6.67%
AAPL	C	6.67%
MSFT	D	6.67%
META	B	6.67%

BERZ Underweight 21 Positions Relative to HACK

Symbol	Grade	Weight
CSCO	A	-7.52%
CRWD	C	-5.59%
GD	C	-5.33%
NOC	D	-5.21%
FTNT	B	-5.05%
LDOS	A	-4.57%
BAH	A	-4.39%
NET	B	-4.18%
GEN	A	-3.89%
FFIV	A	-3.81%
ZS	C	-3.53%
CHKP	F	-3.4%
CYBR	C	-3.35%
S	B	-3.3%
OKTA	D	-3.08%
VRNS	D	-2.58%
RBRK	A	-2.56%
TENB	F	-2.54%
QLYS	D	-2.52%
RPD	C	-2.37%
FSLY	D	-2.07%